This comes as India has been calling for reformation of the UN, especially with regards to the composition of its most powerful body, the UN Security Council.
Defence budget is 2.09% of the GDP compared to 2.17% this fiscal. While both Army & the Navy failed to spend the full amount allocated to them, the IAF spent more than its allocation.
FY25 allocation is exactly the same outlay as given in revised estimates for the current financial year. Activists say it's not sufficient to meet demand for work in rural areas.
Finance Minister Nirmala Sitharaman's Interim Budget 2024 speech makes it clear that the Modi government is confident of being voted back to power. This augurs well for the economy and people of India.
For the EV sector, the government announced increased support for manufacturing and charging infrastructure, as well as a push for the adoption of e-buses in public transport.
FM Nirmala Sitharaman announced interest-free loans to states, rating system for tourist centres & projects for island connectivity, infrastructure, adding that this will also create jobs.
Presenting the interim budget Thursday, Finance Minister Sitharaman accused previous governments of indulging in tokenism and using social justice as a mere ‘political slogan’.
Sectoral allocations for highways, railways show marginal increase in interim budget with experts hoping that the allocations will go up in the full budget expected in June-July.
Panel to be mandated to make recommendations in relation to ‘Viksit Bharat’ goal, adds finance minister. According to UNFPA, India's overtaken China to be world's most populous country.
A bad turn in Venezuela would raise the same questions that have dogged the unlawful US strikes against alleged drug boats in the Caribbean: Why now, and why at all?
The concern is not that 2025’s rally was irrational, but that it may be difficult to repeat. Outlooks remain anchored to AI investment and growth without reigniting inflation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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